Tuesday, June 14, 2011

HOME OWNERSHIP RUINED IN AMERICA BY LEFT'S POLICIES! OBAMA HELPED!

Submitted by: Nathan Hucaby
More evidence of the "success" of democrat economic policies, particularly ObamaNomics
 and its so-called Stimulus Programs (i.e. Homebuyer tax credits,
Homeowner mortgage assistance, blah, blah, blah -  and under each red dot
is a 2009 cash-for-clunkers-Government Motors car.)

The red dots show homes in foreclosure last year; the slide title describes the fraction of homes that received foreclosure filings in 2010.  
 
Although some of the worst hit areas in Nevada, California and Florida improved from 2009, the foreclosure rate in these areas remains high into 2011.
For a way to visualize the foreclosure crisis, they borrowed a Google<http://www.businessinsider.com/blackboard/google>  maps technique described by Barry Ritholtz <http://www.ritholtz.com/blog/2010/12/google-map-foreclosures/> .
Keep scrolling down, Las Vegas is still the big winner/loser.

20) Boise, Idaho -- 1 in 21 homes in foreclosure (The red dots show all foreclosures in process)
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
19) Sarasota, Fla. -- 1 in 21 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
18) Lakeland, Fla. -- 1 in 21 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
17) Tampa, Fla. -- 1 in 20 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
16) Port St. Lucie, Fla. -- 1 in 19 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
15) Sacramento, Calif. -- 1 in 19 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
14) Naples, Fla. -- 1 in 18 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
13) Deltona, Fla. -- 1 in 17 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
12) Bakersfield, Calif. -- 1 in 17 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
11) Reno, Nev. -- 1 in 16 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
10) Vallejo, Calif. -- 1 in 16 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
9) Orlando -- 1 in 15 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
8) Merced, Calif. -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
7) Stockton, Calif. -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
6) Riverside, Calif. -- 1 of 14 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
5) Miami -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
4) Phoenix -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
3) Modesto, Calif. -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
2) Cape Coral, Fla. -- 1 in 12 homes in foreclosure
Image: Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
1) Las Vegas -- 1 in 9 homes in foreclosure
Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010.
BONUS: USA -- 1 in 46 homes in foreclosure
Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure.. The slide title describes the fraction of homes that received foreclosure filings in 2010. 
 

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